ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
TODAY’S TEN: Bihar bridge warnings ignored, forex stress grows and more
By Staff Writer in Media News on Tuesday, 12th May 2026 at 3:18pm
Ten women journalists chronicle their bittersweet odyssey reporting rural India in new memoir
By Meena R. Prashant in Media News on Tuesday, 12th May 2026 at 3:00pm
Upfront: Tax overhaul backlash, Debt hits $1.5t, One Nation by-election shock.
By Staff Writers in Media News on Tuesday, 12th May 2026 at 9:01am
ABC hires Wilson as first National AI reporter
By Staff Writers in Media News on Tuesday, 12th May 2026 at 7:56am
The Unhurried Eye: How Indian documentary filmmakers are redefining journalism
By Suganthi Marimuthu in Media News on Monday, 11th May 2026 at 10:26pm
Afshan Yasmeen honoured at Lifesaver’s Honours Night
By Meena R. Prashant in Media News on Monday, 11th May 2026 at 9:19pm
Media news latest
Marcoms news latest